Reuters Insider - Senate passes USMCA, sends to Trump for approval
16/01/2020 19:39
Click the following link to watch video: https://share.insider.thomsonreuters.com/link?entryId=0_pxf9nmr7&referenceId=tag:reuters.com,2020:newsml_OVBWFHM1R_930&pageId=ReutersNews Source: Reuters Insider Description: The U.S. Senate approved the long-awaited U.S.-Mexico-Canada trade agreement on Thursday, sending the bill to Trump to sign into law. Gavino Garay reports. Short Link: https://tmsnrt.rs/38cB7bR Video Transcript: The bill is passed. The US Senate overwhelmingly approved the so-called new NAFTA on Thursday by a vote of 89 to 10. The United States Mexico Canada Trade Agreement which replaces NAFTA has now been sent to President Donald Trump who's expected to sign it into law. The Senate approved the measure just minutes before turning its attention to the Trump impeachment trial which formally got underway on Thursday. The Senate will be in order. It also comes a day after Trump signed the Phase One trade deal with China that was also long in the making, following an 18-month standoff with both countries slapping tariffs and retaliatory tariffs on each other. USMCA was passed by the House after Democrats insisted on changes to improve enforcement of new labor rights. Trump has blamed NAFTA for the loss of thousands of American factories to low-wage Mexico. Canada still needs to approve the trade deal before it can take effect and replace the 26-year old NAFTA